Grupo de Inversiones Suramericana SA (GRUPOSUR CB), the
parent company of Colombia’s largest bank, fell 0.1 percent to
31,340 pesos, after earlier rising as much as 0.3 percent.

The company said Sociedades Bolivar SA will contribute as
much as $400 million as a “co-investor” in its $3.9 billion
purchase of Latin American assets of ING Groep NV, according to
a regulatory filing Nov. 18. The company said Nov. 17 that the
International Finance Corporation approved plans to invest as
much as $200 million in the same acquisition.

Grupo Nutresa SA (NUTRESA CB), Colombia’s biggest food
producer, fell 2.4 percent to 21,140 pesos, the lowest in three
months. Colombia, the second-largest supplier of Arabica coffee
beans, trimmed its forecast for production this year by 5.9
percent following rainstorms.

Output will slide to 8 million bags this year from 8.9
million bags last year, an official at Colombia’s National
Federation of Coffee Growers, who asked not to be identified in
accordance with federation policy, said today by phone. The cut
is the second since Nov. 4.

Pacific Rubiales Energy Corp. (PREC CB), the Toronto-based
oil producer that operates fields in Colombia, fell 2.6 percent
to 37,360 pesos, the lowest on a closing basis since March 2010.

Oil dropped for a third day in New York on signs that U.S.
lawmakers won’t agree on cutting the budget deficit and amid
concern that Europe’s debt crisis will send the region’s economy
into a recession.